Wednesday, August 17, 2011
Cornerstone OnDemand Wins $20M Contract
Santa Monica-based Cornerstone OnDemand, the developer of human resources, talent management, and learning software, said today that it has inked a $20M contract with the U.S. Department of the Treasury. The newly public firm, headed by Adam Miller, said that the win came in the form of a five-year, $20M blanket purchase agreement. The U.S. Treasury will be used for learning management, performance management, succession planning and enterprise social networking.